Business – Page 353 – Asian News from UK

Apparel Exporters Seek Special Pre FTA Deal With UK

Apparel Export Promotion Council (AEPC) Chairman A. Sakthivel, has urged the government to strike a pre-FTA preferential trade deal to remove the tariff disadvantage faced by Indian apparels in the UK. In

November 18, 2020

Business·Economy·India News·UK News

MediaTek Acquires Intel’s Power Management Chip Wing

Taiwan-based fabless semiconductor company MediaTek has acquired Intel Enpirion power management chip product line-related assets, via its subsidiary Richtek, for approximately $85 million. With this acquisition, MediaTek is now aiming to expand

November 18, 2020

Business·World News

Zomato Offers Zero Commission Takeaway for Restaurants

As demand grows for takeaway food in the social distancing times amid surge in Covid cases, Zomato on Wednesday said its takeaway service is now available to restaurants at zero commission. The

November 18, 2020

Business·India News

RBI mulls LVB’s amalgamation with DBS Bank

The shareholders of the 94-year-old Lakshmi Vilas Bank (LVB) may not be getting anything as per the Reserve Bank of India’s (RBI) draft scheme for its amalgamation with DBS Bank India. The

November 18, 2020

Business·Economy

Kris Gopalakrishnan to become first Chairperson of RBI’s innovation hub

The Reserve Bank of India (RBI) has appointed Infosys co-founder Senapathy (Kris) Gopalakrishnan as Chairperson of the RBI Innovation Hub (RBIH). The RBI in its Monetary Policy Statement on Development and Regulatory

November 17, 2020

Business·Economy

India opens more sectors to foreign investment

India’s Department for Promotion of Industry and Internal Trade, DPIIT, has notified the opening up in more sectors for foreign direct investment. These sectors are single-brand retail trading, contract manufacturing and coal

November 17, 2020

Business·Economy

Thinking About Starting A Business Amid Pandemic?

At a time when popular restaurants and cafes are struggling to get back to their feet, opening up a new venture when revenues are expected to be only about 30 per cent

November 17, 2020

Business·INTERVIEW·LITE BLOGS

Twitter appoints hacker ‘Mudge’ as security head

Twitter has named famed hacker Peiter “Mudge” Zatko as its new head of security a few months after the microblogging site revealed a massive cryptocurrency hack that compromised several high-profile accounts. Known

November 17, 2020

Business

Huawei Sells Honor Smartphone Business To Dodge US Sanctions

Struggling to keep its consumer business afloat in the wake of the US sanctions, Chinese conglomerate Huawei on Tuesday announced to sell off its Honor smartphone business assets to China-based Shenzhen Zhixin

November 17, 2020

Business·World News

BPCL Shares Down As major Oil Giants Skip the Race

Shares of the state-run petroleum major Bharat Petroleum Corp. Ltd. (BPCL) fell nearly five per cent a day after the deadline for submitting bids for the strategic sale of the company ended.

November 17, 2020

Business·Economy·India News

Business - Page 353